[OPINION] An 'Abominable' problem: When Chinese money takes over company values

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

'When company executives relinquish patriotism and values, their country stands to lose. To turn a blind eye to the abuses of the Chinese government against its very own people and others to earn more money is greediness.'

after he voiced his support for the Hong Kong protesters during a post-match interview. They eventually loosened the sanctions.after Houston Rockets general manager Daryl Morey tweeted his support for the protesters in Hong Kong.

To avoid a similar fate, companies all over the world try to appease Chinese authorities so they can continue tapping this lucrative market.that tracks police movements in Hong Kong, obviously afraid of sanctions from Beijing in an already hypercompetitive consumer electronics market. Hollywood movie makers are known to incorporate Chinese artists and cultural icons to increase their chance of being allowed to be part of the approximately 40 foreign movies that can be shown in China every year. Movies that show the true nature of China's autocratic government are certain to be banned, which would cost a production house millions of dollars in the future.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines